Colabor Group Inc. (T:GCL*CA)

Business Focus: Food Retail & Distribution (NEC)

Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
 
Company Contact
Address: 1620 De Montarville Blvd
BOUCHERVILLE QC J4B 8P4
Tel: N/A
Website: https://colabor.com
IR: See website
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Key People
Louis Frenette
President, Chief Executive Officer
Pierre Blanchette
Chief Financial Officer, Senior Vice President
Mathieu Dumulong
Vice President - Sales
Elisabeth Tremblay
Vice President - Human Resources and Communications
Daniel Valiquette
Vice-President - Central Procurement and Private Labels
 
Business Overview
Colabor Group Inc. is a Canada-based distributor and wholesaler of food and related products serving the hotel, restaurant and institutional markets (HRI) in Quebec and in the Atlantic provinces, as well as the retail market. The Company's segments include Distribution and Wholesale. The Distribution segment is engaged in the distribution of food products and related products in the HRI and retail market. The Company distributes specialized products, such as meat, fish and sea food (specialty distribution), as well as general food-related products (broadline distribution). The Wholesale segment is engaged in the sale of general food-related products to distributors from its distribution center in Boucherville. The Company has a partnership with Maturin, and it provides Lauzon and Norref products. It also sells products under the private brand, Menu. The Company distributes over 15,000 products in Quebec and Atlantic. The Company has over 700,000 square feet of storage facilities.
Financial Overview
For the fiscal year ended 30 December 2023, Colabor Group Inc revenues increased 15% to C$659.1M. Net income before extraordinary items increased 33% to C$6M. Revenues reflect Distribution segment increase of 22% to C$479.1M. Net income benefited from Other decrease of 94% to C$81K (expense), Utilities decrease of 18% to C$4.4M (expense). Basic Earnings per Share excluding Extraordinary Items increased from C$0.04 to C$0.06.
Employees: 729 as of Dec 30, 2023
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $659.13M as of Dec 30, 2023
EBITDA (TTM): $36.33M as of Dec 30, 2023
Net annual income (TTM): $6.05M as of Dec 30, 2023
Free cash flow (TTM): $6.99M as of Dec 30, 2023
Net Debt Last Fiscal Year: $172.46M as of Dec 30, 2023
Shares outstanding: 101,986,464 as of Dec 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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